عنوان
پدید آورنده
موضوع
رده
کتابخانه
محل استقرار
INTERNATIONAL STANDARD BOOK NUMBER
(Number (ISBN
0745332390
(Number (ISBN
0745332404
(Number (ISBN
9780745332390
(Number (ISBN
9780745332406
NATIONAL BIBLIOGRAPHY NUMBER
Number
b510377
TITLE AND STATEMENT OF RESPONSIBILITY
Title Proper
The failure of capitalist production :
General Material Designation
[Book]
Other Title Information
underlying causes of the Great Recession /
First Statement of Responsibility
Andrew Kliman
.PUBLICATION, DISTRIBUTION, ETC
Place of Publication, Distribution, etc.
London :
Name of Publisher, Distributor, etc.
Pluto Press,
Date of Publication, Distribution, etc.
c2012
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
xiii, 240 p. :
Other Physical Details
ill. ;
Dimensions
22 cm
INTERNAL BIBLIOGRAPHIES/INDEXES NOTE
Text of Note
Includes bibliographical references (p. 227-233) and index
CONTENTS NOTE
Text of Note
Introduction -- Profitability, the credit system, and the "destruction of capital" -- Double, double, toil and trouble: dot-com boom and home-price bubble -- The 1970s-not the 1980-as turning point -- Falling rates of profit and accumulation -- The current-cost "rate of profit" -- Why the rate of profit fell -- The underconsumptionist alternative -- What is to be undone?
0
SUMMARY OR ABSTRACT
Text of Note
"The recent global financial crisis and Great Recession have been analysed endlessly in the mainstream and academia, but this is the first book to conclude, on the basis of in-depth analyses of official US data, that Marx's crisis theory can explain these events. Marx believed that the rate of profit has a tendency to fall, leading to economic crises and recessions. Many economists, Marxists among them, have dismissed this theory out of hand, but Andrew Kliman's careful data analysis shows that the rate of profit did indeed decline after the post-World War II boom and that free-market policies failed to reverse the decline. The fall in profitability led to sluggish investment and economic growth, mounting debt problems, desperate attempts of governments to fight these problems by piling up even more debt -- and ultimately to the Great Recession. Kliman's conclusion is simple but shocking: short of socialist transformation, the only way to escape the 'new normal' of a stagnant, crisis-prone economy is to restore profitability through full-scale destruction of existing wealth, something not seen since the Depression of the 1930s."--Publisher's website
PARALLEL TITLE PROPER
Parallel Title
Causes of the Great Recession
Parallel Title
Great Recession
Parallel Title
Underlying causes of the Great Recession
TOPICAL NAME USED AS SUBJECT
Business cycles-- United States-- History
Financial crises-- United States-- History-- 21st century
Global Financial Crisis, 2008-2009
International finance
Rate of return-- United States-- History
Recessions-- United States-- History-- 21st century
DEWEY DECIMAL CLASSIFICATION
Number
330
.
122
PERSONAL NAME - PRIMARY RESPONSIBILITY
Kliman, Andrew,1955-
ORIGINATING SOURCE
Date of Transaction
20120302024328.0
ELECTRONIC LOCATION AND ACCESS
Electronic name
مطالعه متن کتاب [Book]
Y
